OAKTREE to acquire SUP

Oaktree has agreed to acquire SUP in a transaction announced on 18 August 2025. The deal involves a company operating across the wholesale of other machinery and equipment, retail sale of carpets and rugs, and the manufacture of parts and accessories for motor vehicles. No specific financial value or consideration structure has been disclosed for this acquisition. The target operates within a diverse industrial and retail landscape, though its specific country of origin remains unreported in the available data.

The transaction is currently in review and has not yet been completed. Regulatory approval and other standard closing conditions remain outstanding before the deal can be finalised. Oaktree will assume full ownership of the business upon successful completion of these requirements. The parties have not yet provided further details regarding the integration plans or the future operational direction of the combined entity. This acquisition marks a significant entry for the buyer into the specified industrial sectors.